In this video, I'm going to teach you how to hold rental property and reduce your liability.
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🔑 Key Insight: "That LLC can create a shield between the real estate and you." 6:37
By following these simple steps, you'll be able to protect yourself and your property from any potential damages.
Additionally, holding rental property can expose you to potential liabilities, such as damages resulting from accidents or injuries occurring on the property. Thus, owning rental property is about more than just collecting rent. It is a business endeavor that requires diligent management, risk mitigation strategies, and a thorough understanding of real estate laws and regulations.
Holding rental property can be a great way to make money, but it's important to be aware of your liability rights. In this video, I'm going to teach you how to hold rental property and reduce your liability, so you can keep your property and your financial investments safe!
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Show Notes: 0:00 Intro 0:15 Holding Real Estate 1:25 Trusts 4:21 LLC 8:45 Corporations 10:00 LP (Limited Partnership) 10:45 Outro --------------------------------------------------------------------------------------------------------- SUBSCRIBE
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ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at --------------------------------------------------------------------------------------------------------- The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
